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  • 1
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This note discusses a number of key issues developed by the Corporate Governance Project of the American Law Institute (ALI) and published in its report, The Principles of Corporate Governance: Analysis and Recommendations. This examination will focus on the socially and ethically important elements regarding the objective and conduct of the business corporation, and the twin fiduciary duties of care and fair dealing.
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  • 2
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 3
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The stakeholder co-operatives formed around the town of Mondragón in the Basque region of Spain have been outstandingly successful on a number of measures in comparison with other forms of firms. The control architecture within and between Mondragón firms contains a number of innovations and lessons for developing the theory and practice of corporate governance. This paper outlines the 38 year evolution of Mondragón structures.The control and incentive architecture of Mondragón firms was custom designed according to the nature of both their activities and their principal stakeholders. The resulting unique control arrangements and outstanding performance supports the hypothesis that the structure of governance is a determinant of sustainable competitive advantages. The evolution of Mondragón firms also illustrates the need to consider corporate architecture as a variable at any one time or over time. The Mondragón experience illustrates how the social research approach of ‘action science’ can be used to create competitive enterprises. The paper recommends this approach for developing the theory and practice of corporate governance.
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  • 4
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article is based on the IMD Case Study of the same name written by Professor Fred Neubauer and Dr. Marika Taishoff.
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  • 5
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 6
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 7
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 8
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Thomas Clarke and Elaine Monkhouse (eds), 1994 hardback, Rethinking the Company, London: Finance Times/Pitman Publishing.
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  • 9
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 10
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 11
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 12
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article examines a case of fraud – the Maxwell case – to assess the implications for corporate governance in Britain. The analysis of the case shows how Robert Maxwell was able to avoid the established network of regulations and controls. The authors then make a number of recommendations which suggest how this kind of fraud may be prevented in the future.
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  • 13
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 14
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 15
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 16
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This paper presents empirical and theoretical analysis of the enactment of New Public Management (NPM) within the UK police service. It draws on empirical material gathered in a two-year study that explores the ways in which individual policing professionals have responded to, and received, the NPM discourse. Theoretically informed by a discursive approach to organizational analysis, the paper focuses on the new subject positions promoted within NPM that serve to challenge traditional understandings of policing organization and identities. The paper examines the implications of this for policies that promote community orientated policing (COP) and increased inter-agency partnership. The paper argues that the promotion of a more progressive form of policing, based on community orientation and equality principles, may struggle to gain legitimacy within the current performance regime that legitimizes a competitive masculine subjectivity, with its emphasis on crime fighting.
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  • 17
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Greater fiscal transparency is seen by its advocates as a means of improving economic governance arrangements in ways which, by promoting fiscal stability, will in turn improve the functioning of the government sector and facilitate improvements in the economic environment for the private sector. ‘Fiscal transparency’ is much acclaimed by policy-makers, not only in the UK Treasury but also by the IMF and OECD. Fiscal transparency can have substance or can just be voguish incantation. This article explores the meaning of fiscal transparency, by examining its structure and evaluating criteria for assessing the degree of fiscal transparency attached to particular sets of circumstances. It explores the link between transparency and accountability, developing the distinction between event and process transparency. Consideration is given to the trade-off between the value of sunlight (to employ an analogy) and the danger of over-exposure. The performance of the United Kingdom against emerging international best practice is examined, with regard to both public expenditure and taxation. By international standards, UK fiscal transparency is high. Nevertheless, there is a major gap between UK rhetoric and practice, indicating a  divergence between nominal and effective transparency. This is evidenced by: frequent changes in public expenditure definitions; the non-publication of important analyses; the location of certain liabilities ‘off-balance sheet’; and a lack of candour about tax policy.
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  • 18
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: How are government policy commitments converted into legislation and what happens in the conversion? The role of civil servants in preparing legislation is far more important than is generally assumed. By looking at the work of four recent bill  teams in Britain – teams of civil servants given the task of developing Acts of Parliament – their crucial roles in initiating policies, placing them on the political agenda (even helping secure their place in a party manifesto), developing them, making sure they pass through parliament and enacting them once they have reached the statute books are assessed. The article explores the composition and working methods of bill teams. These teams work with considerable autonomy in developing legislation, but it cannot be assumed that they operate outside ministerial control. Teams see themselves as reflecting the priorities of the government in general and their ministers in particular. Yet ministers typically know relatively little about the law they are bringing in until they receive the submissions and briefings from their officials. Perhaps the biggest danger for democracy is not a civil service putting forward proposals which a minister feels forced to accept, but rather that ministers do not notice or fully appreciate what is being proposed in their name despite having the political authority to change it and a civil service which bends over backwards to consult and accommodate them.
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  • 19
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article will explore the proposition that cabinet government is dead by examining the different ways in which cabinet government is conceptualized and by suggesting that the lack of precision in the debates has undermined much of the criticism. It will seek to draw the strands of research together in a way that can emphasize how cabinet government has evolved while remaining at the core of government. The article will draw evidence from three countries, Australia, Canada and Britain, in each of which, despite the common heritage, cabinet has evolved in different ways.
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  • 20
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Since the 1990s there has been a long-standing concern in government towards public sector accountability, management, efficiency and service delivery. A number of studies have attempted to analyse the multitude of individual changes and their manifestations through analyses based on a variety of institutional, policy and governmental distinctions. This paper attempts to specify the changes with particular reference to planning, and to consider the evolution of the public service ethic in planning towards more openness, scrutiny, transparency and efficiency with particular reference to the changing ethos of the professional employee. We first explore the  main impacts upon local government, the public service ethic and professional planning as a consequence of the Modernization agenda and freedoms and flexibilities initiative. We then look at how such changes have impacted upon the ethos and values in public service and planning. We draw on some evidence of Ombudsman cases to highlight issues of professional values in planning practice over the past decade before finally drawing these strands together in some conclusions. Our principal findings indicate that the much-trumpeted decline of services and standards may not have been as apparent as is sometimes portrayed and that internal professional attitudes and values towards the external changes may not have significantly altered over the same period.
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  • 21
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Inspired by New Public Management, many countries have changed their central public apparatus from an integrated to a more segregated structural model. A central element in this process is structural devolution and the establishment of new or reorganized state-owned companies with increased business autonomy and new formal control systems. This paper focuses on how this development, as exemplified by the case of Norway, is affecting the role of central executive political and administrative leaders. The study, based on elite interviews, shows that corporatization has made the role of central leaders more complex and ambiguous and undermined traditional political control. We interpret this development from a transformative perspective, underlining how structural devolution is filtered through the dynamic context of environmental pressure and internal structural and cultural factors; in addition, experiences from New Zealand are used to contrast the Norwegian case.
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  • 22
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
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  • 23
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Public management reforms at the local (community) and regional (canton) level in Switzerland almost all embrace elements of the new public management. In addition, in Switzerland, the merging of small communities as well as new developments such as electronic government are becoming apparent. The new public management model has been adapted for Swiss needs according to the perception of decision makers on problems that require solution in a Swiss context. NPM has developed, therefore, into rather different models in practice, aimed at the solution of these diverse problems. Foreign examples, such as the Dutch Tilburg Model and the German Neues Steuerungsmodell, played a major role at the start of this process, but have continuously lost their influence as actual models to be emulated. The most outstanding peculiarities of the Swiss reforms are an early and subsequent outcome focus together with the strong influence of direct democracy.
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  • 24
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article, part of a sequence of comparative articles on local government reforms in The Netherlands, Switzerland and Germany, describes and analyses the recent public management reforms at the local level of Germany. After an overview about the constitutional framework of local self government and the reform waves of the last decades, the paper concentrates on the ‘new steering model’ as the German variant of NPM. The article shows the short history of this reform movement, describes the main elements of the reform concept and explains some of the causes, forces and actors of implementation. It goes on to discuss the present status of implementation, explains several shortcomings of the concept, and presents the – very limited – empirical evidence of achieved results. Finally, the paper draws some conclusions from a comparative view on the similarities and differences of local management reforms in Germany and the two other countries.
    Materialart: Digitale Medien
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  • 25
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Books reviewed in this article:B. Guy Peters and Jon Pierre (eds.), Politicians, bureaucrats and administrative reformHugh Atkinson and Stuart Wilks-Heeg, Local government from Thatcher to Blair: the politics of creative autonomyAlex Wright (ed.), Scotland: the challenge of devolutionChristopher Hood, Henry Rothstein and Robert Baldwin, The government of risk: understanding risk regulation regimesAlison Young, The politics of regulation: privatized utilities in Britain
    Materialart: Digitale Medien
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  • 26
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The United States is commonly referred to as the last global superpower, exercising unrivalled political, economic, military and social influence. Yet, paradoxically, unlike any other nation, Americans were – and remain – radically antistatist. Until roughly the twentieth century the United States did not want, need, nor create a powerful administrative state to govern itself, let alone others abroad. This essay explores that peculiar paradox, namely how Americans govern as the last global superpower today, yet retain an inherently fierce hostility to government. The thesis that is developed argues that it is a deep–rooted reformist faith which ultimately shapes US statecraft as a unique style of reformcraft, with both benign and not–sobenign consequences.
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  • 27
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: To understand governance, we ask who is telling the story from within which tradition. We argue there is no essentialist notion of governance but at least four conceptions each rooted in a distinctive tradition. The first section of the paper describes the relevant traditions: Tory, Liberal, Whig and Socialist. The second section describes the different notions of governance associated with each tradition; intermediate institutions, marketizing public services, reinventing the constitution and trust and negotiation. We explain these distinct conceptions of governance as responses to the dilemmas of inflation and state overload. In the conclusion, we summarize how and why traditions change, concluding, there is no such thing as governance, but only the differing constructions of the several traditions.
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  • 28
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The article explores the evolution of competing views on state, administration and governance in Germany from an historical perspective, with an emphasis on the last five decades. To understand the governance discourse in Germany one has to start from different notions of the state. The first part therefore offers a brief, somewhat polemic, overview about different state traditions in Germany in the twentieth and twenty–first centuries. The second part looks at how discourses about the proper role, the appropriate structures and processes of the public sector and its interactions with its environment have changed during the history of the Federal Republic. The analytic focus is on the different narratives about administrative policies, understood as the various scenarios, assumptions and arguments on which competing policy–suggestions for the public sector have been based. The article argues that it is not sufficient to interpret the ups and downs of different discourses and Leitbilder as more or less erratic, post–modern fashions and fads. Instead, the line up of the central catch–phrases, from democratic via active and lean to the activating state, reflect learning processes, driven above all by the political competition creating a continuous demand for ‘better’, more appropriate narratives to guide and explain current policies.
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  • 29
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article explores the basic traditions of governance in contemporary France and the narratives of public sector reform associated with them. It should be stressed right from the outset that this article does not aim to describe the set of public sector reforms that have been implemented in France in the last ten years or so. Instead, the aim is to demonstrate the similarities and differences between the narratives of the left and the right with regard to these reforms and to show how these narratives help to explain the types of reform that have been enacted. The basic argument is that there is a certain commonality to both the left and the right with regard to their narratives of public sector reform. At the same time, though, there are differences of emphasis both within each tradition and between the two main traditions themselves. Except where indicated, all translations are the author's own.
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  • 30
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article revisits the country case studies and seeks to answer two questions. What are the strengths and weaknesses of an interpretive approach? What lessons can we draw from our analysis of public sector reform? To assess an interpretive approach, we discuss: the issues raised in identifying beliefs; the meaning of explanation; how to select traditions; the shift from prediction to informed conjecture and policy advice as storytelling. To assess the lessons, we outline our preferred story of public sector reform. We seek to show that an interpretive approach produces insights for students of public administration. We argue it remains feasible to give policy advice to public sector managers by telling them stories and providing rules of thumb (proverbs) to guide managerial practices.
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  • 31
    Digitale Medien
    Digitale Medien
    Oxford, UK and Boston, USA : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Compared to other continental European countries, especially Germany and Switzerland, which have experimented with New Public Management (NPM) in local government, The Netherlands has been relatively quick in following trends stemming from Anglo-Saxon management thinking, but also relatively quick in redressing its course. The rise of the New Public Management in Dutch local government has been relatively swift and strong but also relatively superficial and non-committal. The dominant picture that emerges is one of an administrative system that, while responsive to the latest trends, is also surprisingly stable. Management reforms, forcefully advocated in the 1980s, were decisively revised and redressed in the 1990s, with the city of Tilburg, celebrated for its ‘Tilburg Model’, a case in point. The Werdegang of NPM (that is, how things developed) in Dutch local government, detailed in this article, can be understood only partially as a result of changing economic and budgetary constraints. The article shows that endogenous features of the Dutch politico-administrative system – more specifically: the compact, dense and decentralized pattern of the intergovernmental network, the administrative tradition of pragmatism, dynamic conservatism and the comparatively technocratic character of local government – have also strongly influenced the reception, effect and correction of NPM in Dutch local government.
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  • 32
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Boards of directors of large American corporations are marked by a surprising degree of overlap in their memberships. The median Fortune 500 firm interlocked (shared directors) with seven other large firms during the mid-1980s, although this prevalence dropped slightly by the mid-1990s. In contrast to Japan, interlocks among American firms are rarely linked to banking relationships or vertical (buyer-supplier) relationships; rather, they reflect the embeddedness of corporate governance in social structures (e.g., friendship or other ties). Recent empirical research has linked interlocks to almost every important aspect of corporate governance, from executive compensation to strategies for takeovers and defending against takeovers. These findings suggest that proposals for reforming boards of directors through changing incentive structures (e.g., paying directors in equity rather than cash) are likely to have little effect because they misconstrue the role of the board as a social institution.
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  • 33
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This study examines the associations between the characteristics of initial public offering (IPO) firms and the voluntary use of outside directors. Five firm characteristics are examined: inside share ownership, variance of aftermarket returns, operating history, leverage, and firm size. Based on a sample of 110 New Zealand firms which made initial public offerings of equity securities over the period 1983 to 1987, the study finds that greater variance of after-market returns and a lower inside share ownership are associated with a greater proportion of outside directors. In addition, firms without operating histories are likely to use relatively more outside directors. However, leverage and firm size are not significantly related to the proportion of outside directors. Overall, the findings from the study are generally consistent with arguments that firms with greater agency problems are likely to use relatively more outside directors because these directors are perceived to be more effective in mitigating agency problems.
    Materialart: Digitale Medien
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  • 34
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This paper seeks to identify the determinants of corporate ownership and control that emerge in regulatory environments which do not inhibit the issue of shares with differential voting rights and/or the establishment of pyramid holding companies (which serve exactly the same purpose). [Methodologically, the paper follows the seminal study of the US corporate structure by Demsetz & Lehn (1985).] Such settings tend to produce very concentrated control structures, which contrast sharply with those of the USA, the UK and Australia, where the distribution of shareholder votes in the large public corporations is relatively diffuse. Relatively lenient listing regulations have produced in South Africa a corporate landscape dominated by pyramid holding companies and multilayered diversified corporate groupings. These structures have effectively concentrated the control of most of the large public companies in the hands of a few entrepreneurial families (as well as the two large life insurance mutuals). This setting has enabled us to advance and test hypotheses about control and ownership which would be more difficult to test in a US, UK or Australian setting. Almost all the companies in our sample were found to be under the absolute control of a single identifiable shareholder coalition (usually one or two families) but the underlying percentage shareholding of the controlling group in each company was found to vary dramatically and systematically. We sought to explain that variation and to identify the role of the market as a constraint on the ability of controlling shareholders who wish to dilute their equity stake without surrendering control for the purpose of expanding their companies (without incurring additional debt) and/or diversifying their personal wealth. Demsetz & Lehn had already identified the factors that determine the demand by shareholders for equity dilution but not those constraining their ability to do so. This paper, therefore, attempts to shed light on the way in which principal/agent problems affecting shareholders and managers are resolved when one-share-one-vote is neither enforced nor encouraged by the regulatory environment.
    Materialart: Digitale Medien
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  • 35
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 36
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 37
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 38
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 39
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 40
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Executive compensation has recently become the subject of extensive scrutiny by the popular press. However, compensation for corporate directors is one area which has only received little attention or research. The present study combined resource dependence and agency theories with previous research on executive salaries to develop an explanatory model of director compensation. Data were collected from US firms at two points in time to assess the stability of these predictors. Four variables were found to have a significant relationship with director compensation: firm size, firm profitability, equity ownership by directors, and resource richness of the board. However, the explanatory power of these variables appear to decline over time. Practical implications of these results are discussed.
    Materialart: Digitale Medien
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  • 41
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 42
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 43
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 44
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article is reproduced from NRI Quarterly Volume 1 No. 3 Winter 1992 and is reprinted by special permission of Nomura Research Institute, Ltd.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 45
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book Reviwes in The Article:Hilmer, Frederick G.; Strictly Boardroom – the report of an Independent Working Party into Cornorate Governance; Information Australia, Melbourne and The Sydney Institute, Sydney, AustraliaHumphrey, Christopher, Peter Moizer and Stuart Turley; The Audit Expectations Gap in the United Kingdom; The Auditing Research Foundation of the Institute of Chartered Accountants in England and Wales; LondonBosch, Henry; Bosch on Business, Information Australia, Melbourne, Australia, 1992.
    Materialart: Digitale Medien
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  • 46
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 47
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article examines the structure of boards and its effects on the performance of significant board functions. Composition of boards is measured by size, outside director representation and cognitive, as well as demographic diversity. A firm's environment, strategy, structure and culture, and factors attributed to personal characteristics of board members were viewed as important determinants affecting effectiveness of boards. Most important, decisions on board size and composition involve a trade-off between benefits of diversity and enhanced costs of group development and group decision processes.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 48
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 49
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 50
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 51
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 52
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The communication process between publicly-listed companies and their constituents continues to change, often stimulated by the concern of regulators to make markets more efficient. The paper examines six areas where development is occurring within the North American reporting environment: summary reporting, management discussion and analysis, risk and uncertainty, interim reporting, continuous information disclosure, and financial statement reporting. The paper also identifies areas where significant reporting frustrations remain. These areas may signal the direction of financial reporting research and change that will be experienced outside of the North American environment during the next decade.
    Materialart: Digitale Medien
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  • 53
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: A survey ‘Women on the Board of Britain's Top 200 Companies’ published by Ashridge Management Research Group, 1993.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 54
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The debate on whether the roles of CEO and the chairman of the board should be separate continues in both the United States and Britain. The answer must depend largely on what a board does. Here Sir Richard Greenbury, Chairman of the board of Marks and Spencer Plc in the UK provides a personal perspective.
    Materialart: Digitale Medien
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  • 55
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 56
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book reviewed in this article:Foy, Nancy (1994) Empowering People at Work, Gower, Aldershot.Moms, Charles (1990) The Coming Global Boom.Sorbel, Robert (1993) Dangerous Dreamers – The financial innovators from Charles Merrill to Michael Milken.Piper, T. R., Gentile, M. C. and Daloz Parks, S. (1993) Can Ethics be Taught?Mintzberg, Henry (1994) The Rise and Fall of Strategic Planning.
    Materialart: Digitale Medien
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  • 57
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 58
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 59
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 60
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 61
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This paper examines corporate governance in management buy-outs and buy-ins and in particular considers the problems faced by venture capitalists as active investors. Evidence is presented based on large scale surveys and case studies. The study suggests the importance of achieving a balance between the independence of venture capitalists as monitors of management and the need for cooperation in their relationships with managers in buy-outs and buy-ins. The study also questions the adequacy with which financiers as active investors have taken account of the differing attributes of each type of transaction, particularly in relation to access to information and the roles of management. The costs of closely monitoring smaller investments may often exceed the benefits, which helps explain why the greater control found in buy-ins is more likely to be indirect rather than greater board representation. The evidence suggests the need for a flexible approach to governance under which the forms adopted take account of the specific circumstances of a particular enterprise.
    Materialart: Digitale Medien
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  • 62
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: As the 21st century approaches, there are many pressures prompting changes in corporate board behavior. The author characterizes the current responses as TQM (more of the same, only better) or reengineering (transformation). To respond adequately to the reality and complexities of a global economy, the author argues that approaches to both corporate governance and boards are in need of reengineering. Directions for board transformation are illustrated with a new framework based on the orientation and constitution of boards. Five new board configurations and the path of evolution are presented.
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 63
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 64
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 65
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 66
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 67
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 68
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 4 (1996), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Good Practice for Directors: Standards For The Board Institute of Directors, London. Corporate Goernacne, Robert A. G. Monks and Nell Minow.
    Materialart: Digitale Medien
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  • 69
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 70
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This job is a bed of nails. When I joined I thought I would have the opportunity to put some management principles into practice. But I have had to compromise my principles to be pragmatic. Applying normal management ideas only leads to conflict: I cannot rely on formal authority. It's a risky political situation for me. I stand or fall on my ability to provide leadership.John Wright, executive director of the Loyang Hospice Society in the Philippines, was commenting on his experiences of the first nine months in office.
    Materialart: Digitale Medien
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  • 71
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 72
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: The board of directors has so far been neglected in research on the operations of Sino-foreign joint ventures, a subject which has not previously obtained any scholarly attention. This paper analyzes the role of the board in the management of Chinese-Western joint ventures as seen from the expatriate managers' point of view. Qualitative and quantitative data from 33 Sino-Western joint ventures is presented on the composition of the board, the importance attached to different roles of the board, and the way in which the board functions. An attempt is made to explain variations in the role played by the board in different joint ventures. Suggestions are forwarded to Western companies on how to improve the functioning of the board. Ideas for future research are also presented.
    Materialart: Digitale Medien
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  • 73
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 74
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: There is currently increasing pressure for the mandatory establishment of audit committees in both the private and public sectors. Audit committees, as presently conceived, cannot adequately manage the conflicts of interest and loyalty to board colleagues which arise from boards processing information which is used to evaluate their own performance. As a complementary approach, this paper examines the use of binary boards in both the private and public sectors for improving the management of conflicts. The origin, development and use of audit committees in the private and public sectors within the US and Australian context is reviewed. Audit Committees are compared with the use of supervisory boards in Europe, and the development in Australia of a corporate senate in the private sector and client (stakeholder) councils in the public sector.The paper notes that audit committees were initially created in the US to protect outside directors in a different context than currently exists in either the US or Australia. While they may also serve the interest of management and auditors, Audit Committees may not protect shareholders and operational stakeholders. The paper concludes that the audit expectation gap could be minimised through management becoming accountable to a Corporate Senate in the private sector, and a Stakeholder Council in the public sector, with the auditor being engaged by and reporting to these bodies.
    Materialart: Digitale Medien
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  • 75
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book reviewed in this article:Joan Corkery, Colm Ó Nualláin and Roger Wettenhall, (eds.), Public Enterprise Boards: what they are and what they do; AJPA in collaboration with IASIA, Hong Kong 1994Joan Corkery, Colm Ó Nualláin and Roger Wettenhall, Governance of the Public Enterprise – an African spotlight on the Role of the Board; ECDPM with the Commonwealth Secretariat, August 1994
    Materialart: Digitale Medien
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  • 76
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 3 (1995), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Using previous theory and research on responses to organisational decline, this paper extends the literature into the boardroom to predict outside director behaviour. In so doing, this paper refocuses the corporate governance research towards individual outside directors as opposed to the traditional focus on the overall board. We argue that this contextual and individualistic focus on outside directors’ behaviour may yield some new and useful insights into the corporate governance literature as well as refine and extend Hirshman's theory of responses to organisational decline.
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  • 77
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 78
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This study tests the proposition that tolerance for ambiguity, a personality variable, is a significant moderating variable on the effects of management advisory services (MAS), competition and size of audit firm on bankers' perceptions of auditor independence. Using 41 New Zealand bank officers as subjects and a multifactor ANOVA design, this study found that tolerance for ambiguity moderated the effects of MAS and audit firm size on third party perceptions of auditor independence.
    Materialart: Digitale Medien
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  • 79
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book Reviewed in this article:Banaga, Abdelgadir, Graham H. Ray and Cyril R. Tomkins (1994) External Audit and Corporate Governance in Islamic Banks.
    Materialart: Digitale Medien
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  • 80
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 81
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Using data collected through a series of interviews with top executives at 24 large British companies, this paper examines current practice in the selection and use of non-executive directors on British boards. The process appears to be dominated by the influence of the chairman. In very few cases are there nomination committees in operation. The typical nonexecutive will serve for around 12 years and some for much longer. There is little scope for shareholder participation in the nominations process. These and other findings are analyzed from the perspective of the recent Cadbury Committee Report.
    Materialart: Digitale Medien
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  • 82
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 83
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: In the UK, recently, there has been an intense debate about what constitutes good corporate governance. This paper presents the results of a retrospective postal survey into the nature of corporate governance structures in UK companies. The objective of this paper is to isolate the extent to which key corporate governance innovations are being adopted in the boardrooms of UK companies. The main findings can be summarised as follows: (i) 77 per cent of the sample of quoted companies separated the role of chief executive officer and chairman in 1993 compared to 57 per cent in 1988; (ii) 94 per cent of quoted companies operated remuneration committees in 1993 as compared to 54 per cent in 1988; (iii) the incidence of audit committees among companies has doubled between 1988 and 1993 whilst the incidence of nomination committees has trebled; (iv) in apparent contradiction of the Institutional Shareholders’ Committee recommendation, of those companies that operated remuneration committees in 1993, 40 per cent had the top executive director as a committee member. Overall the picture that emerges is of radical change in governance innovation since the late 1980s.
    Materialart: Digitale Medien
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  • 84
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Using 20 bankers as subjects, this exploratory study examined the effects of audit committees on bankers’ perceptions of auditor independence. Results reject the null hypothesis which suggest that bankers place more reliance on financial statements in considering loan applications given information on the presence of audit committees than given information on their absence. Those bankers given information on the presence of audit committees recommended a lower interest rate premium than those given information on the absence of audit committees. These findings suggest that bankers given information on the presence of audit committees perceived a lower loan risk as a result of a higher confidence in the auditor to maintain independence than those given information on the absence of audit committees. It can then be concluded that audit committees had a significant effect on bankers’ perceptions of auditor independence.
    Materialart: Digitale Medien
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  • 85
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 86
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 87
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 88
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 2 (1994), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 89
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 90
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 91
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 92
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book Reviwes in The Article:William D. Bygrave and Jeffry A. Timmons; Venture Capital at the CrossroadsColin Coulson-Thomas; Transforming the Company – Bridging the Gap Between Management Myth and Reality? Kogan Page 1992, 340 pages, f18.95 paperback.Thome, Katrina and Ian A. McAulay; Crusaders of the Rising Sun – a Study of Japanese Managers in Asia, Longmans, Singapore, 1992Bartu, Friedmann; The Ugly Japanese – Nippon's Economic Empire in Asia, Longmans, Singapore, 1992.Ishihara, Shintaro; The Japan that can say no – why Japan will be first among equals, Simon and Schuster, New York, 1989.Ostrom, Elinor; Crafting institutions for selfgoverning irrigation systems, Institute for Contemporary Studies, San Francisco, 1992. Videotape version, ICS Press, in NTSC, PAL and SECAM.Petit, Philip; Contempora y Political Theory, Macmillan, Singapore and New York, 1991.Kotter, John P.; Power and ZnfZuence – beyond formal authority, Free Press, Macmillan, New York, 1985.
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  • 93
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 94
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 95
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: This article explains the origins of the RSA (Royal Society for the encouragement of Arts, Manufactures & Commerce) Inquiry Tomorrow's Company: the role of business in a changing world, and discusses some of the issues raised in the consultations with business leaders which will be tackled by the Inquiry.
    Materialart: Digitale Medien
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  • 96
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
    BibTip Andere fanden auch interessant ...
  • 97
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book Reviwes in The Article:Kochan, Nicholas and Michel Syrett; New Directions in Corporate Governance; Report no. 2137; Business International Ltd., London, 1991Peacock, Alan and Graham Bannock, Corporate Takeovers and the Public Interest, Aberdeen University Press, 1991.Smith, Terry; Accounting for Growth; Century Books, London, 1992Cluman, Richad M.; To the End of Time – the seduction and conquest of u media empire; Simon and Schuster, New York, 1992Lewis, Michael; The Money Culture; Hodder and Stoughton, London, 1991; Coronet edition 1992Scott Morton, Michael S. (Editor); The poration of the 1990s – information technology and organizational transformation; Oxford University Press, New York, 1991
    Materialart: Digitale Medien
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  • 98
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Materialart: Digitale Medien
    Standort Signatur Erwartet Verfügbarkeit
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  • 99
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Corporate governance 1 (1993), S. 0 
    ISSN: 1467-8683
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: Book Reviwes in The Article:Demb, Ada & Franz-Friedrich Neubauer, (1992) The Corporate Board: Confronting the Paradox', Oxford University Press, New York.Institute of Chartered Accountants of Scotland, (1992) Corporate Governance: Directors' Responsibilities for Financial Statements.Davies, Adrian, (1991) Strategic Leadership: Making corporate plans work, Woodhead- Faulkener.Levhe, Dennis (with William Hoffer), (1992) Inside Out, Arrow Books, London.Tang, Yung Wei, Lynne Chow and Barry J. Cooper, (1992) Accounting and Finance in China – a review of current practice, Longman (Far East), Hong Kong.Badaracco, Joseph L., Jr., (1991), The Knowledge Link – how firms compete through strategic alliances, Harvard Business School Press, Cambridge, Mass.Bower, Tom, (1992) Maxwell – the outsider, Mandarin, London (revised).Bruck, Connie, (1988) The Predators' Ball, Simon and Schuster, New York.Greenslade, Roy, (1992) Maxwell's Fall, Simon and Schuster, London.Institute of Directors, (1991) Guidelines for Directors, fifth edition, The Director Publications Ltd., Mountbarrow House, Elizabeth Street, London SW1 9RB, England (FAX 71235 5627).
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  • 100
    Digitale Medien
    Digitale Medien
    Oxford, UK : Blackwell Publishing Ltd
    Public administration 81 (2003), S. 0 
    ISSN: 1467-9299
    Quelle: Blackwell Publishing Journal Backfiles 1879-2005
    Thema: Politikwissenschaft , Wirtschaftswissenschaften
    Notizen: In recent years a growing number of scholars have developed cognitive and ideational theoretical frameworks for the analysis of policy-making processes: their underlying belief is that ideas (conceived as beliefs, causal theories and paradigms) really do matter. The concept of policy paradigm has been particularly useful in studying both the contents and dynamics of policy change. The present paper takes this concept, partially reformulates Hall's definition in terms of the distinction between the hegemonic and dominant paradigm, and then uses it to come to terms with the contents and dynamics of the Italian administrative reforms implemented during the 1990s. Mixing the conceptual lenses offered by the ideational and cultural path taken in the field of public policy and by historical neo-institutionalism, this article attempts to explain the Italian trajectory, and to underline how normative and cognitive elements represent an important influence on the ‘design’ and ‘strategy’ of policy change. Our analysis of the consistency of the reformers’ documents and policy strategy shows that, despite their claims, the contents and strategy of reform do not represent a paradigmatic about-turn, but constitute an evolutionary adaptation to external pressures imposed by the hegemonic administrative paradigm.
    Materialart: Digitale Medien
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